Feasibility study for steel complex in Vietnam completed

Feasibility study for steel complex in Vietnam completed

According to recent news in the market, Vietnam Steel Corporation and Arcelor have completed the pre-feasibility study for the steel complex, which is planned to be built in Vietnam. The results of the pre-feasibility study have been submitted to the interested ministers. The steel complex under the project will be built in Vung Ang port in central Ha Tinh province. 50% of the iron ore requirement of the steel complex will be supplied by Thach Khe mine, which close to the complex. An investment of around $3 billion will be made in the complex. 60% of the investment will be bank loans.